Chapter 3307:2-1 Defined Contribution Plans - Definitions

Except where another definition is specified, for the purposes
of sections 3307.80 to
3307.89 of the Revised Code and
Chapters 3307:2-1 to 3307:2-7 of the Administrative Code:

(A)
"Covered employment" and "teaching
service" shall mean employment as a teacher in Ohio as specified by section
3307.01 of the Revised Code and
for which contributions are made pursuant to sections
3307.26 and
3307.28 of the Revised
Code.

(B)
"Combined plan" shall
mean the plan of that title established by the retirement board pursuant to
section 3307.81 of the Revised Code that
includes both accumulations in an account in the defined contribution fund
created by section 3307.14 of the Revised Code and
determinable retirement, disability, and survivor benefits, the terms and
conditions of which shall be as specified in the plan document. The combined
plan shall also permit participation in the health care program created by the
retirement board pursuant to section 3307.39 of the Revised Code, upon the
terms and conditions specified in the plan document.

(C)
"Defined benefit plan" shall mean the
plan described in sections
3307.50 to
3307.79 of the Revised
Code.

(D)
"Defined contribution
fund" shall be the fund created by division (G) of section
3307.14 of the Revised
Code.

(E)
"Defined contribution
plan" shall mean the plan
established under section
3307.81 of the Revised Code, the
terms and conditions of which shall be as specified in the plan
document.

(F)
"Defined contribution
program" or "program" shall refer collectively to the plans established by the
retirement board pursuant to section
3307.81 of the Revised
Code.

(G)
"Defined contribution
program participant" shall mean a member who made a timely election under
section 3307.25 or
3307.251 of the Revised Code to
participate in a plan established pursuant to section
3307.81 of the Revised
Code

(H)
"Member" shall be as
defined by section 3307.01 of the Revised
Code.

(I)
"Ohio service" shall mean
employment in an Ohio public position covered under Chapter 145., 742., 3307.,
3309. or 5505. of the Revised Code.

(J)
"Participant" shall mean a member of the
state teachers retirement system who has elected pursuant to section
3307.25 or
3307.251 of the Revised Code to
participate in a plan established pursuant to section
3307.81 of the Revised Code or
who elected to continue participating in a plan established under section
3307.81 of the Revised Code
prior to January 7, 2013.

(K)
"Participant in the defined benefit plan" shall mean a member who is
participating in the defined benefit
plan.

(L)
"Permanent
election" shall mean an election made under section
3307.251 or
former section 3307.88 of the Revised Code or
an election to continue participating in a plan established under section
3307.81 of the Revised Code
prior to January 7, 2013.

(M)
"Plan" shall mean a plan established by the retirement board pursuant to
section 3307.81 of the Revised
Code.

(N)
"Plan document" or
"document" shall be the document or documents adopted by retirement board to
establish the defined contribution program or any of its constituent
plans.